About a week ago, the defence ministry approved the sixth Positive Indigenization List (PIL) of 780 items, which will further curtail defence imports. The share of imports, which is about 35 per cent of the total defence procurement budget, has come down in the last two to three years.
9 equity MF categories that delivered over 20% returns in 5 years
Around 9 equity mutual fund categories have offered over 20% returns in the last five years, according to data by ACE MF. These categories offered